Belgium Sees Rise in Polished Trade : 28.02.2018
Belgium Sees Rise in Polished Trade Belgium’s polished-diamond exports increased in January, according to data from the Antwerp World Diamond Centre (AWDC). Polished exports jumped 29% year on year to $813.4 million and, by volume, rose 21% to 352.1 million carats. The average price grew 6% to $2,310 per carat. Polished exports to the US surged 48% to $275.4 million, while shipments to Hong Kong soared 95% to $144 million. Those increases outweighed a 5% decline in exports to Israel to $102 million. Polished imports saw an 8% rise to $955.5 million, while net polished exports the excess of exports over imports stood at negative $142 million, compared with negative $249.9 million a year ago. Rough imports climbed 14% to $1.09 billion, while rough exports slid 1% to $1.02 billion. Net rough imports strengthened to $75 million from negative $75.3 million a year before. The country’s net diamond account the sum of rough and polished exports minus total imports dropped to negative $217 million in January from negative $174.6 million a year ago.
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Belgium Sees Rise in Polished Trade Belgium’s polished-diamond exports increased in January, according to data from the Antwerp World Diamond Centre (AWDC). Polished exports jumped 29% year on year to $813.4 million and, by volume, rose 21% to 352.1 million carats. The average price grew 6% to $2,310 per carat. Polished exports to the US surged 48% to $275.4 million, while shipments to Hong Kong soared 95% to $144 million. Those increases outweighed a 5% decline in exports to Israel to $102 million. Polished imports saw an 8% rise to $955.5 million, while net polished exports the excess of exports over imports stood at negative $142 million, compared with negative $249.9 million a year ago. Rough imports climbed 14% to $1.09 billion, while rough exports slid 1% to $1.02 billion. Net rough imports strengthened to $75 million from negative $75.3 million a year before. The country’s net diamond account the sum of rough and polished exports minus total imports dropped to negative $217 million in January from negative $174.6 million a year ago.
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